Noticed as well FMS have signed an MOU with 4 Chinese steel mills looking to buy their ore after due diligence but dont yet have an infrastructure solution. Their announcement today said they were to sign more MOUs and were taking serious interest from Chinese Korean and Japanese mills.
Given our independent access to the sea IOHs Bucklands offering should be a lot more attractive.
Nevertheless it seems deal making is back in iron ore.
iron valley transaction with mineral resource , page-30
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